Philippines
Asia · Philippine peso (PHP) · 116.8 million people
Inflation
6.4%
▼ 0.4 pt since May · Jun 2026
Interest rate
5.00%
▲ 0.25 pt in Aug 2026
GDP per person
US$4,171
2025
Inflation and the interest rate
Inflation was 6.4% in Jun 2026, down from 6.8% in May. The interest rate has been 5.00% since Aug 2026.
Monthly, consumer prices year on year.
Exchange rates
Closing rates on 6 Oct 2026. Changes are over 30 days.
US$1 in PHP
62.69
▲ +0.3%
€1 in PHP
70.45
▼ −3.1%
£1 in PHP
83.03
▼ −1.8%
¥1 in PHP
0.3966
▼ −0.7%
CN¥1 in PHP
9.357
▲ +0.4%
₹1 in PHP
0.6512
▼ −1.6%
Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates
Cost of living
Minimum wage
Monthly, full time · 2024
₱8,302 a month
about US$132
Minimum wage from ILOSTAT.
Economy at a glance
GDP per person at PPP
2025 · international dollars
US$12,600
Population
2025
116.8 million
▲ 0.8% vs 2024
Sources and method
Figures from the IMF, the Bank for International Settlements, the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer
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